-$525 Loss
SKLNLong Stock

Where to begin with this foolish trade! I saw this stock halted a/hs on 8/9. The company had just signed a "definitive merger agreement" and I thought it was an opportunity. When unhalted, I waited a few minutes and nothing happened. Finally some orders came through and it shot up...and I foolishly chased it. I bought .05 from the top. Certain it would do more, when others learned about the merger, I held o/n. In the morning, nothing special. Finally, I cut my losses. Biggest loss yet.
Newsletters:TimChallengeTimAlertsPennystocking Silver
Broker:TDAmeritrade
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| Date | Price | |
|---|---|---|
| Entry | 8/9/2017 | 2.05 |
| Exit | 8/10/2017 | 1.525 |
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- Position Size1,000
- Percentage-25.61%
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